Cardano trades near $0.799 amid recent heavy selling pressure. Analysts warn that $3 may be out of ADA’s reach. Resistance at $0.86 and $0.94 may be hard to breach. Macro conditions and adoption hurdles limit Cardano’s growth potential.
Meanwhile, Remittix (RTX) offers real-world PayFi utility and strong security. Its live wallet beta and CertiK verification attract investor attention.
Cardano Price Outlook: Why $3 May Remain Out of Reach
Cardano price is currently $0.798. The cryptocurrency has been under pressure in recent times, and a death cross has appeared on the four-hour chart. This is a bearish trend that takes place when a short-term moving average decreases below a long-term moving average, a situation showing a consistent decline.
In the last week, Cardano has lost its value and is currently trading at 0.788 as opposed to 0.888. The total liquidations of the crypto market amounted to $855 million, and the longs liquidated were brought to $721.54 million. All these reasons indicate that it might take a long time before Cardano can recover its lost price levels.
Technical analysts caution that it might not be easy to overcome resistance levels of $0.86 and $0.94. In the meantime, a support is observed in the proximity of 0.735, with buyers only coming into the picture in the lower end. Together with macroeconomic factors, including the fact that the Federal Reserve continues to watch inflation rates and interest rate anticipations, the future growth of Cardano seems to have a limit.
With network upgrades such as Ouroboros Leios and the intended Omega version, which are expected to increase scalability and throughput by 30-55x, the market might already be compensating for such upgrades, which will reduce the chances of ADA to hit $3.
Remittix: A Better Option For Investors
While Cardano struggles, Remittix (RTX) is gaining traction as a utility-focused PayFi altcoin with strong market interest. The project has raised over $26.8 million, sold more than 672 million tokens, and is currently priced at $0.1130. With a clear roadmap and high adoption potential, Remittix is being compared to XRP for real-world transaction use.
Investors may prefer Remittix due to its strong fundamentals and security certifications:
- Remittix is ranked #1 on CertiK, showing top-tier security and project credibility.
- The wallet beta is live, allowing community testing and early adoption.
- The project focuses on cross-border crypto-to-bank payments, offering practical utility.
- It supports 40+ cryptocurrencies and 30+ fiat currencies at launch.
- Early users can participate in referral rewards and gain access to exclusive benefits.
These features position Remittix as a promising alternative for investors seeking growth and usability beyond speculative gains.
Conclusion: Cardano Faces Limits, Remittix Emerges
Cardano’s current technical setup, slow adoption, and macro pressures suggest it may never hit $3 again. Resistance and liquidation patterns indicate constrained upside, while network improvements may already be priced in.
Meanwhile, Remittix offers a combination of real-world utility, strong security verification, and early community engagement that could drive its token value higher. For investors seeking a safer, utility-driven crypto with high upside potential, Remittix may be the best choice in today’s market.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway